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Like the next federal reserve chairs, the best candidate to succeed the US Central Bank accused the “systematic mistakes” and could not control the worst inflation in one generation.
Kevin Warsh, a former Feeding President Donald Trump’s governor and ally said the US Central Bank “Drift” by saying “Drift” by saying “Drift” from a narrow central bank “and stopped inflation at 2 percent.
“Since the panic of 2008, the dominance of the Central Bank has become a new American management,” he said in a group of 30 events in Washington on Friday.
“Forays Remote Afil – For all chapters and all reasons – caused systematic mistakes in conducting macroeconomic policy.”
The Fed added that the Fed’s $ 7TN balance sheet also allowed the US financial position to the Rampant Federal Government, which left the “dangerous trajectory”.
“Fiscal politicians -, ie members of the congress, it made it much easier to have been adopted because the government’s financing costs will be subsidized by the Central Bank,” he said.
Comments made as a possible treasury secretary, said comments, which were made as a flowing treasury secretary, said he could not wait last week Powell“Termination” as a central banking chair.
Trump said he had a partial comments back Powell has no intention to shootcause relief in global markets.
QE begins, Warsh in the Fed, was a critic in Central Bank Policy last year, but his disclosures were the first disclosure of his monthly monetary policy.
Warsh also attacked the participation of the Fed, including “Tunkku”, leaving the network to green the financial system in January.
Like Fed’s Federation Chair, in May 2026, the Treasury Secretary Scott Bessent will say that his substitute will be in the fall of this month.
Warsh and head of the National Economic Council Kevin Hassett are considered favorites to succeed.
With the proposals believing that the end of Powell’s end to the end of Powell, the TRUP’s End, the White House’s Fed Chair, the central bank’s fears and dollars used fear to the dollar.
Warsh believed in the “operational independence” for the “operational independence”, “operational independence” believed in the release of “operational independence” that central bankers should not be considered as “dear princes”.
“When the results are weak, the Fed should be subjected to serious questions,” he said.
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